During the COVID-19 pandemic, the housing market shifted toward people wanting to live in larger homes and moving from urban areas to suburban and rural neighborhoods.
American Home Shield 506,374 listings of homes and condos for sale from Zillow were reviewed to determine the results of its 2022 American Home Size Index, which showcases the cities with the largest homes in the United States.
Some of the index’s key findings show that the average new home in the U.S. is now more than 1,000 square feet larger than it was in 1973, according to Census Bureau data.
The index also said fast-growing tech centers in the Rocky Mountains have the largest homes and high-density coastal cities have the most expensive real estate, driving people to look for cheaper homes elsewhere.
Average house size: 2,760 sq.ft
According to the American Home Shield Index, employment in Colorado Springs will grow 5.3% from 2017 to 2021. New, high-income workers created demand for larger homes.
With job growth shifting to smaller, suburban cities and a focus on affordable housing and lower living costs, it makes sense why new, larger homes were in demand in Colorado cities.
- Colorado Springs, CO
- Aurora, CO
- Raleigh, NC
- Henderson, NV
- Fort Worth, TX
- Nashville, TN
- Austin, TX
- Albuquerque, NM
- Omaha, NE
- Charlotte, NC
The city that ranks second in the United States for having the largest homes is Aurora, Colorado. The average home size in Colorado City is 2,451 square feet. According to US Bureau of Labor StatisticsFrom 2017 to 2021, employment in Aurora grew by 5.7%, and the influx of new workers created demand for new housing.
The North Carolina city of Raleigh ranks third for the largest homes in the United States. According to the Index, Raleigh is another example of a fast-growing, well-educated area that has allowed mid-sized cities to develop wealth and create demand for larger homes. The average home in Raleigh comes in at 2,366 square feet.
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